GasBuddy News Article

Fuel industry envisions American energy independence as domestic production rises

Fox News
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The U.S. has discovered so much more energy than it thought it had that some now talk about the possibility for North American energy independence.

The reason? Advances in technology such as fracking, horizontal drilling and other improvements, which have increased natural gas production by 27 percent in just four years, have made the U.S. number one in gas -- with oil on its way.

"We could make OPEC ‘NOPEC’ if we really put our minds to it," says Charles Drevna of the American Fuel and Petrochemical Manufacturers. "We're talking decades, if not into the 100s of years, of supply in North America."

Rep. Doug Lamborn, R-Colo., of the House Natural Resources Committee says, "It's amazing the amount of energy in North America. When you include our Canadian and Mexican neighbors, we

Not likely as long as we depend heavily on coal. We import $5billion/year of foreign crude to mine and haul coal to the powerplants from Wyoming alone. Eastern coal doesn't have as far to go but needs more diesel to mine it. Total bill if you ferret out the numbers from the raw data is about$ 350 million/day representing 300,000 barrels per day. Natural gas is 0 imported oil. .

Imagine a possibility of fracking destroying 80 % of our water supply and we have to import water at $100 a barrel ? What I don't like is there is no accurate studies of what fracking does to our water supplies, if you know of any, please send me way to look at them. ( web site link ) Thanks

They can envision anything they want to, it's still a limited resource and we burn it creating an atmospheric problem. There are things that use oil in their production but the sooner we get away from heating with it and driving on it the better.